Kazakhstan launches crypto fund Alem Crypto Fund, first investment purchase BNB

According to Foresight News, Kazakhstan launched its first crypto fund, Alem Crypto Fund, and began operations. The fund is established by the Ministry of Artificial Intelligence and Digital Development of Kazakhstan and managed by Qazaqstan Venture Group and is registered within the Astana International Financial Centre (AIFC) ecosystem. The fund has partnered with Binance Kazakhstan to complete its first investment and purchased BNB. Its main goal is to make long-term investments in digital assets and establish strategic reserves, which may be used as a national savings tool in the future and expand the country's ability to manage future finance.
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